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deficits are they say unsustainable. g.d.p. is actually negative. what is he going to say, not my fault? >> he is going to say if congress doesn't act to o these things in the next few months it's going to get even worse. for example, you have the sequester coming up in couple weeks. president has presented proposals that would stave off some of the cuts that would be devastating to the nation's military and the defense industry. you have debt ceiling coming up few months after that and congress is supposed to pass a budget in the next couple of months but obviously they have not done that. >> gregg: he has raised taxes not only on high income earners, he has raised taxes on everyone. the word is he is going to say, he needs more money, more tax revenues. how is that going to be received? >> i can tell you on capitol hill it has not been received very well. house republicans basically, many of them didn't vote for the package that included the tax hikes you are referring to, the one that was voted right after new year's eve. they say that is enough.
deficits are they say unsustainable. g.d.p. is actually negative. what is he going to say, not my fault? >> he is going to say if congress doesn't act to o these things in the next few months it's going to get even worse. for example, you have the sequester coming up in couple weeks. president has presented proposals that would stave off some of the cuts that would be devastating to the nation's military and the defense industry. you have debt ceiling coming up few months after that and...
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we have a budget deficit problem we have to address. right now we have low interest on the national debt, and it's a googood time for us to act to loather deficit. we think the deficit and the national debt are at a moral level. we think they must be reduced. we're sick and tired of paying interest on the national debt. that's 15%. that's a large percentage of the budget. >> joining us now is the anchor of "fox news sunday" chris wallace. good morning, chris. >> how are you, eric? >> eric: we heard her say that the national debt is at immoral levels. how do we fix it? what would you say? >> well, the pressure the president -- expression the president used a lot during the campaign, and you know what that means. i suspect it's very different than the republicans, but also yes, tax increases and spending cuts. no more raising of rates but there's a lot that can be done in taking away loopholes, dehe duckses on the wealthy, do away with the subsidies to the oil companies, the buffett role that anybody who makes more than a million dollars
we have a budget deficit problem we have to address. right now we have low interest on the national debt, and it's a googood time for us to act to loather deficit. we think the deficit and the national debt are at a moral level. we think they must be reduced. we're sick and tired of paying interest on the national debt. that's 15%. that's a large percentage of the budget. >> joining us now is the anchor of "fox news sunday" chris wallace. good morning, chris. >> how are...
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the debt and deficit problem is also a problem of economic growth. we don't have too many economic problems that a few extra points of gdp growth wouldn't solve. the economy is sort of okay, improving. housing is coming up. the stock market is doing well and manufacturing is coming back to life. if we can get the economy moving in a positive direction that will help with the debt and deficit and other issues. i want to hear concrete proposals for creating jobs and expanding the economy. >> how do we get there? you've been in washington, you're an independent. the parties are like this. >> no kidding. >> did you expect it to be that bad? >> i didn't have any illusions but there are a few signs of hope. negotiations on the filibuster rule change. didn't get as much as i want but that's compromise. a bipartisan serious discussion on immigration. i don't think we expected that. let's hope there's positive movement. but yeah, the warfare is still a big part of the deal. >> it's on both sides. the critics accuse of president of my way or the highway yet jo
the debt and deficit problem is also a problem of economic growth. we don't have too many economic problems that a few extra points of gdp growth wouldn't solve. the economy is sort of okay, improving. housing is coming up. the stock market is doing well and manufacturing is coming back to life. if we can get the economy moving in a positive direction that will help with the debt and deficit and other issues. i want to hear concrete proposals for creating jobs and expanding the economy....
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we can't just talk about the deficit in the short-term when really we need to spend more. we can't keep cutting jobs because cutting right now is laying off teachers, laying off firefighters. it's not educating our kids. it's going to take people out of head start. these are things that are not going to get us on the right track. we need to focus and get engaged and get the economy back on the right track. >> rick: two starkly different views on a way forward. well presented by both of you. so thank you both for coming on. >> thank you. >> arthel: very good. so there is this, in utah, a moose creating some excitement in a residential neighborhood. the moose making himself effectually at home, taking in the sights as he wandsered into various back yards. sometimes hopping walls and fences, posting on facebook. no, he didn't. wildlife officials were finally able to tranquilize him and they suggest you leave that to the professionals, of course. >> rick: i just got -- >> you never approach a moose. they're very aggressive. they can seem real docile and all of a sudden decide
we can't just talk about the deficit in the short-term when really we need to spend more. we can't keep cutting jobs because cutting right now is laying off teachers, laying off firefighters. it's not educating our kids. it's going to take people out of head start. these are things that are not going to get us on the right track. we need to focus and get engaged and get the economy back on the right track. >> rick: two starkly different views on a way forward. well presented by both of...
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. >> eric: the way this works the post office when it runs a deficit like the last three years in a row they go to the u.s. treasury department. they post a letter of credit and treasury hands them money. what happens if the post office defaults. who is on the hook for that money? >> the taxpayer is on the hook for all of it. this is not -- this notion, they have endorsed privatizing it. and to provide universal service g-mail provides universal service for free. post office does it to the tune of billions of dollars that taxpayers stand behind. >> eric: great discussion. how is a college degree for only ten grand sound? a number of states are making that happen. is this the best idea to save money or will it end up costing taxpayers even more money. this woman, caught on camera, shocking new video, entitlement fraud, wee do we need to cut all entitlement programs? ♪ ♪ ♪ ♪ ♪ hi, i'm phil mickelson. i've been fortunate to win on golf's biggest stages. but when joint pain and stiffness from psoriatic arthritis hit, even the smallest things became difficult. i finally understood
. >> eric: the way this works the post office when it runs a deficit like the last three years in a row they go to the u.s. treasury department. they post a letter of credit and treasury hands them money. what happens if the post office defaults. who is on the hook for that money? >> the taxpayer is on the hook for all of it. this is not -- this notion, they have endorsed privatizing it. and to provide universal service g-mail provides universal service for free. post office does it...
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listen to this. >> our deficit is a big problem. think about it. [applause] our national debt, $16.5 trillion. you think that's not a lot of money. tell you what, count one number per second, one number per second. you know how long it would take you to count to 16 trillion, 5,007 years. some people say, they say, well, that's not fair because it doesn't hurt guy who made $10 billion as much as the guy who made 10. where does it say you have to hurt the guy? he just put a billion dollars in the pot. you know, we don't need hurt him. >> amazing speech. move over, president obama, the doctor is in the house. joining me the author of "america the beautiful, a director of pediatric neurosurgery, dr. benjamin carson. doctor, that speech moved me deeply. what's been the reaction so far? >> the reaction has been overwhelming. we've been deluged with emails, with calls. 99.5% positive. >> sean: wow. >> that doesn't surprise me, because the way that i lay things out was really logical. it wasn't right wing, it wasn't left wing. it was just logic and common
listen to this. >> our deficit is a big problem. think about it. [applause] our national debt, $16.5 trillion. you think that's not a lot of money. tell you what, count one number per second, one number per second. you know how long it would take you to count to 16 trillion, 5,007 years. some people say, they say, well, that's not fair because it doesn't hurt guy who made $10 billion as much as the guy who made 10. where does it say you have to hurt the guy? he just put a billion dollars...
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we have achieved about two trillion in deficit reduction so far and have another two trillion to go and something that reasonable minds agree on. it will be more fun when you are making new investmentings. >> here's the problem. so many americans believe that congress is so pol oarized right now . so difficult to make head way at this moment. everybody is camped out and take care of their own agendas . how do you get past that right now. & not every democrats support it an agreement and in my view tax were deciped and now why have turn to spend everybody acknowledges we have a spending problem and so to prevent the dire consequences that come with sequestitration and economic and national security wise and domestic programs are cut, too. we have to cut spend nothing a smart way and no reason we can't do that. >> we'll give you the last word. do we have a spending problem and believe that that is at play right now. >> we'll have to reduce spending . andy he upon said we need to have it. it was all spending cuts and the second round increases . and they are advocate that's what the countr
we have achieved about two trillion in deficit reduction so far and have another two trillion to go and something that reasonable minds agree on. it will be more fun when you are making new investmentings. >> here's the problem. so many americans believe that congress is so pol oarized right now . so difficult to make head way at this moment. everybody is camped out and take care of their own agendas . how do you get past that right now. & not every democrats support it an agreement...
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we have a budget deficit problem we have to address. right now we have low interest on the national debt, and it is a good time for us to act to lower that deficit. we think that the deficit and national debt are at a immoral levels. we think they must be reduced. we're sick and tired of paying interest on the national debt. and that 15%, that is large percentage of the budget, the interest on the national debt. it is lower now because of the lower interest rates. martha: hmmm. what do you think about that? send us a tweet @marthamaccallum or @billhemmer because that is an interesting statement from nancy pelosi. she suggested that tax reform instead of spending cuts as a solution could get things back on track. it is interesting, bill. we're hearing so much talk about closing loopholes and things along those lines which conservatives wanted to do the first time around. they didn't want to raise rates. they suggested doing a real overhaul of our tax reform system in this country which a lot of people have been talking about since the el
we have a budget deficit problem we have to address. right now we have low interest on the national debt, and it is a good time for us to act to lower that deficit. we think that the deficit and national debt are at a immoral levels. we think they must be reduced. we're sick and tired of paying interest on the national debt. and that 15%, that is large percentage of the budget, the interest on the national debt. it is lower now because of the lower interest rates. martha: hmmm. what do you...
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. >> the fact is though, we can't finish the job deficit reduction through spending cuts alone. >> yes, we can. [ laughter ] >> we can. >> john: now, that is romance. before we go tonight. one more look at the radar on the scene from boston as the huge storm is getting ready to wrap you up. expected to dump as much as 3-foot of snow in massachusetts and new england. we at fox will be watching this closely. we have complete coverage for you this evening and again tomorrow as new england starts to dig out. that's it for "special report" for tonight. i'm john roberts in for bret baier. good night from washington. "the fox report" is next. >> shepard: this is the fox report. tonight, pictures from massachusetts. waves crashes as a major winter storm moves into the northeast. plus, any minute now we're expecting law enforcement to updates us on this manget the manhunt for this excop accused of killing three people and promising to kill many more. we will bring that to you live. plus, the secret service looking into who apparently got into the email accounts of the bush family. but first fro
. >> the fact is though, we can't finish the job deficit reduction through spending cuts alone. >> yes, we can. [ laughter ] >> we can. >> john: now, that is romance. before we go tonight. one more look at the radar on the scene from boston as the huge storm is getting ready to wrap you up. expected to dump as much as 3-foot of snow in massachusetts and new england. we at fox will be watching this closely. we have complete coverage for you this evening and again tomorrow...
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. >> i believe the debt and deficit are crucial issues. that's why i am a republican. but the republican party has evolved. >> bill: i want you to announce on this program so we can have security remove you from the building at the same time. grab. >> i don't want to give a stump speech there is a fascinating argument to be made for a new kind of republican. someone who is not dogmatic and new jersey the kind of state. >> bill: run and we will see what happens. >> thank you. >> bill: menendez is through. >> junior senator. >> bill: he has done -- too much shady stuff with this doctor. i don't know what he did in the dominican republic and we'll find out what he did. even if he didn't do anything there. too much shady stuff with this doctor. he is now lost credibility. menendez has. and if he is forced resign, which i believe he may be. then christie is going to appoint a republican to take 34eus his place and there will be a special election, right? >> he would probably, i would guess appoint the man who lost in the race. if i were chris christie. >> bill: then there w
. >> i believe the debt and deficit are crucial issues. that's why i am a republican. but the republican party has evolved. >> bill: i want you to announce on this program so we can have security remove you from the building at the same time. grab. >> i don't want to give a stump speech there is a fascinating argument to be made for a new kind of republican. someone who is not dogmatic and new jersey the kind of state. >> bill: run and we will see what happens. >>...
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need to limit our spending, deficits are a problem and do what he always does, is spend more money. he gives great speeches. they're wonderful. but look at the actual actions and its ongoing spending, ongoing deficits, 50% increase in the national debt. we're up to $60.5 trillion national debt. we'll be up by the end of the year. i don't think any his budgets balanced in any of the years. the republicans should kill some programs and kill some of this activity wiping us out. >> gretchen: thanks so much. >> thank you. >> gretchen: coming up, taliban despises us. the muslim brotherhood wants to destroy us. can we afford to make defense cuts then right now? general bob scales next. [ male announcer ] how do you make america's favorite recipes? just begin with america's favorite soups. bring out chicken broccoli alfredo. or best-ever meatloaf. go to campbellskitchen.com for recipes, plus a valuable coupon. campbell's. it's amazing what soup can do. >> i'm bill hemmer. nothing like a bombshell to start the week. the pope is resigning, full and complete reaction on this breaking story. 67
need to limit our spending, deficits are a problem and do what he always does, is spend more money. he gives great speeches. they're wonderful. but look at the actual actions and its ongoing spending, ongoing deficits, 50% increase in the national debt. we're up to $60.5 trillion national debt. we'll be up by the end of the year. i don't think any his budgets balanced in any of the years. the republicans should kill some programs and kill some of this activity wiping us out. >> gretchen:...
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>> well, in the last two years we've seen about $2.4 trillion of deficit reduction, 1.7 of that coming from spending cuts and .7 coming from tax increases on the wealthy. so i think there's still a lot of need for revenue from upper income earners, and the public agrees with that. and they want to see spending cut, too, and that's what the president and democrats have put forward. i think they'll keep talking about keeping that balanced approach, and if republicans keep insisting there are no more revenues, thai not on the -- they're not on the side of the public. jon: wait, wait, quickly. where have they put forward spending cuts? >> the president and senate democrats have put forward a balanced plan to move the sequestering back by a year, and the republicans are ve jekylling that saying they won't accept any revenue. they would rather have the sequester happen, they would rather have it tank the economy and undermine our national security than agree to a compromise. and i think, you know, the public is going to see through that sort of extremist position. jon: well, the president, i
>> well, in the last two years we've seen about $2.4 trillion of deficit reduction, 1.7 of that coming from spending cuts and .7 coming from tax increases on the wealthy. so i think there's still a lot of need for revenue from upper income earners, and the public agrees with that. and they want to see spending cut, too, and that's what the president and democrats have put forward. i think they'll keep talking about keeping that balanced approach, and if republicans keep insisting there...
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our deficit is a big problem. >> what about our taxation system? >> that speech now stirring up some presidential buzz for the good doctor. we're going to talk to dr. benjamin carson and find out what he thinks about what happened to him in dc the other day. he joining us live on "fox & friends" as we start our fourth hour on this sunday right now. >>> welcome back, everybody. thanks so much for joining us. it's great to talk to dr. carson. so many of you e-mailed in yesterday with responses to that speech that got so much attention. we want to talk to you about if it was awkward sitting next to the president as he was criticizing his policies. he has a great prescription for how he thinks we should fix our health care system. in the meantime, let's talk about the extreme weather. the people in the northeast are digging out after more than three feet of snow in some areas. thousands are in the dark waiting for the power to come back on. clears are waiting to clear the roads. >> i tell you this, 40 inches of snow, rick, in some places. >> have you e
our deficit is a big problem. >> what about our taxation system? >> that speech now stirring up some presidential buzz for the good doctor. we're going to talk to dr. benjamin carson and find out what he thinks about what happened to him in dc the other day. he joining us live on "fox & friends" as we start our fourth hour on this sunday right now. >>> welcome back, everybody. thanks so much for joining us. it's great to talk to dr. carson. so many of you...
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. >> it means we're going to talk about, yes, deficits and taxes and is sequesters and potl government shutdown, but all from the perspective of how are we making sure that somebody who works hard in this country, a cop or a teacher or a construction worker, or a receptionist, that they can make it if they work hard? and that their kids can make it? >> what's the message there to you, chris. >> he wants to be a transformative president in the second term and move from the center right idea that says cutting and less government is better ffr the economy to one that says that the government can plan, organize, direct economic activity and take tax revenues and borrowed money to stimulate and help out these middle class people, but it doesn't sync up with what people are thinking now so the president has a big sales job ahead of him and to your point, you and janice were talking about, if you've already been hit by one storm, the recession that followed the panic of 2008 and if you're waiting for the next storm to hit land, my goodness, not receptive to the idea of the government borrowin
. >> it means we're going to talk about, yes, deficits and taxes and is sequesters and potl government shutdown, but all from the perspective of how are we making sure that somebody who works hard in this country, a cop or a teacher or a construction worker, or a receptionist, that they can make it if they work hard? and that their kids can make it? >> what's the message there to you, chris. >> he wants to be a transformative president in the second term and move from the...
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democrats and republicans have still been able to come together and cut the deficit by more than $2.5 trillion through a mix of spending cuts and higher rates on taxes for the wealthy. >> gretchen: so does that mean more taxes, too? new hampshire senator kelly ayotte joins us now with her thoughts. good morning to you, senator. >> good morning. >> gretchen: so what did you make of the president when he made that comment? >> what i made of it is this, that no question that we need to cut spending, get our fiscal house in order with $16 trillion in debt, but his first answer to everything is, new taxes. when you think about it, what happened in january, he got $600 billion in new revenue. where were the spending cuts? now again he wants to raise taxes. i think it's time for us to cut spending. >> steve: what are the odds he was talking yesterday about how bad the sequester is. the sequester was the idea, it was the invention of the white house! >> well, it was. if you read bob woodward's book, he said it was their idea and by the way, today i'm going to be working with another group of
democrats and republicans have still been able to come together and cut the deficit by more than $2.5 trillion through a mix of spending cuts and higher rates on taxes for the wealthy. >> gretchen: so does that mean more taxes, too? new hampshire senator kelly ayotte joins us now with her thoughts. good morning to you, senator. >> good morning. >> gretchen: so what did you make of the president when he made that comment? >> what i made of it is this, that no question...
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as i mentioned, job security and growing the economy, getting the deficit down. the country is still heading to an unsustainable debt situation. the cost of college, the cost of health care. those basic bread and butter issues that the government starts tackling those, i think these conspiracy theories will have a lot less traction. >> brian: you believe the middle is the place to get the country back, don't you? >> there is no question about it. right now the process is dominated by the two extremes. i think it's only when what i would call the radical middle, people are fed up and say, look, we just want practical solutions, when they stand up and start holding our elected officials accountable, then perhaps it will start work a little better once again. >> brian: all right. senator, always great to see you. have a great weekend and road luck shoveling -- good luck shoveling. >> take care. >> brian: back in a couple of minutes. maybe three [ male announcer ] coughequence™ #8. waking the baby. [ coughs ] [ baby crying ] ♪ [ male announcer ] robitussin® liqu
as i mentioned, job security and growing the economy, getting the deficit down. the country is still heading to an unsustainable debt situation. the cost of college, the cost of health care. those basic bread and butter issues that the government starts tackling those, i think these conspiracy theories will have a lot less traction. >> brian: you believe the middle is the place to get the country back, don't you? >> there is no question about it. right now the process is dominated...
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. >> our deficit is a big problem. think about it. our national debt, 16.5 trillion dollars? you think that's not a lot of money in tell you what, count one number per second. you know how long it will take to count to 16 trillion? 507,000 years. you make $10 bilut in a billion. you make $10, you put in one. some people say that's not fair because it doesn't hurt the guy to made $10 billion as much as -- where does it say you have to hurt the guy? he just put a billion dollars in the pot. we don't need to hurt him. >> a lot of people say his speech eclipsed that of president obama who -- i don't portend to be in the mind of president obama but he didn't look delighted. >> i would like to get in hit mind. loathing on his face. that's one of the more coherent defenses of flat tax. >> start counting. >> why shouldn't every citizen pay the same rate? >> why does it have to be punitive is -- >> exactly. the sure pleasure of punishing someone. >> i found out sean hannity has more power than i do. he got his on his show. here he is. >> well, you know, obviously i had all the strikes
. >> our deficit is a big problem. think about it. our national debt, 16.5 trillion dollars? you think that's not a lot of money in tell you what, count one number per second. you know how long it will take to count to 16 trillion? 507,000 years. you make $10 bilut in a billion. you make $10, you put in one. some people say that's not fair because it doesn't hurt the guy to made $10 billion as much as -- where does it say you have to hurt the guy? he just put a billion dollars in the pot....